Life insurance for heart attack victims is available!
This guide shows you how to find affordable life insurance with heart disease, including heart attack histories.
With heart conditions, it’s important to work with agents like us that specialize in high risk health conditions.
As an independent agency, we match you with the best life insurers based on your individual heart attack history.
What is a Heart Attack?
A heart attack (myocardial infarction) occurs when blood flow to your heart is blocked. Coronary arteries are either partially or completely blocked, triggering the heart attack.
Doctors work quickly to restore blood flow in order to minimize damage to your heart.
Faster treatment tends to result in less damage, better recovery and more affordable life insurance.
Can You Get Life Insurance after a Heart Attack?
Yes! Life insurance is available after a heart attack.
A number of factors determine what types of life insurance are available, when insurance will be available and at what price.
From an underwriting standpoint, life insurers look at the:
- Severity of the heart attack
- Heart attack treatment received
- Cardiac recovery and time since completion of treatment
- Other health issues.
If you try to buy life insurance right after a heart attack, life insurers will postpone offering coverage.
The reason why is that underwriters want to see the results of follow-up cardiac testing and how well you recover.
It’s common for underwriters to make you wait (postpone period) for 3-12 months.
How does a Heart Attack affect my life insurance rates?
Life insurers consider heart attacks an impaired risk (aka high risk) health condtion.
With impaired risk health issues, prices vary widely between companies and each insurer views heart attacks differently.
This is where we can help you.
Our pressure free life insurance service will show you what to expect in terms of underwriting and price with companies that specialize in heart attacks.
The benefit is that we can show you what each company has to say before you complete an application, paramed exam and 6 weeks of underwriting.
Heart Attack Life Insurance Underwriting
Underwriters look at your heart attack history and the underwriting causes for the heart attack.
Coronary artery disease (CAD) is the main cause for most heart attacks.
With coronary artery disease, one or more arteries become blocked, causing the heart attack.
The number of arteries that were blocked and the type of treatment received will impact underwriting.
When you have a heart attack, your doctors are going to run many cardiac related tests on you in order to determine the full extent of damage caused by the heart attack.
Follow-up cardiac testing is critical to underwriting success!
Each cardiac issue has its own rating…companies add those table ratings together to determine the rate class they will offer to you.
In some instances a whole life insurance or universal life insurance policy may offer a better deal to you than a term life insurance policy after a heart attack.
The reason why is that insurers offer table rating reductions for permanent life insurance vs. term life insurance.
How We Help You Secure Life Insurance After a Heart Attack
When we speak, we’ll ask you questions about your heart attack history.
It’s okay if you do not have all the details available when we speak.
We’ll talk about your medical history and what you are looking to accomplish.
We’ll ask you about tests you’ve had such as ECG results, stress tests, echocardiograms etc. and will then shop companies that specialize in heart attacks.
If you’ve had other health issues such as cancer, we’ll cover those questions too.
This process takes 3-4 days to hear back from all companies.
Once we hear back from underwriters, we’ll tell you what each company has to say and what to expect in terms of underwriting and price.
Keep in mind that there is never any obligation or pressure with our service.
You’ll have all the information you need in order to make an informed decision about what type and how much life insurance should you buy.
If you are no longer interested after this, simply tell us to close your file.
Please take a few minutes to submit your request for life insurance quotes today! Thank you.
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